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Alt-N No Longer a Subsidiary of RIM but MDaemon BES Support to Continue

EN_MDaemon-BlackBerry-BES-BESEnable EN_MDaemon-BlackBerry-BES-IntegratedAccts

Since I first heard about RIM acquiring MDaemon back in May of 2009 I was wondering what the story was. RIM made no announcement when they acquired MDaemon and it was more or less hush hush until they released BES-in-a-box for Small Businesses using Alt-N’s MDaemon Messaging Server in February of 2011. Josep pointed out to me that both RIM and Alt-N seem to come ahead in this deal. RIM gets some cash back in their bank account while they still have a solid small business messaging solution that supports BES. On top of that RIM seems to need MDaemon less and less now that they have their relationship with Microsoft Office 365.

Here is the email sent out by the CEO of Alt-N scored by MiBlackBerry:

Effective last Friday (Feb 3rd, 2012) Alt-N is no longer a subsidiary of Research in Motion.  The Alt-N management team has re-acquired Alt-N from RIM on terms which are amicable and beneficial to all parties.

This is why you are noticing and asking about certain changes as we move forward (like removing "Subsidiary of RIM" language from our products and web sites, etc).  Alt-N is now once again privately owned and controlled by its founders.  We have also setup licensing arrangements with RIM which enable us to continue the development and distribution of MDaemon’s BES so there should be no concerns for our BlackBerry customers there.  In 2009 the acquisition of Alt-N was not promoted via press releases or public statements etc so there is no need for any such press releases now and none are planned.  We are very excited about 2012 and the future for Alt-N, our products, our employees, our partners, and our customers moving forward.  Our business remains very strong and we intend to continue to deliver the best products at the best prices for our customers for decades to come!  Onward to glory and victorious conquest!

Arvel Hathcock
Software CEO
Alt-N Technologies, Ltd.

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